Weaker Yen Boosts Tokyo Stocks,
But Is Cause for Concern Elsewhere

An Interactive Journal News Roundup

Updated June 9, 1998 6:55 a.m. ET

Tokyo stocks closed more than 1% higher Tuesday, as investors snapped up export-oriented shares following the dollar's surge above 141 yen for the first time in almost seven years. The dollar was higher versus the yen in late Asian trading.

Elsewhere, shares on the Korea Stock Exchange closed down 1.9% amid worries that the continued depreciation...